Stay updated with the latest deregulation news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on deregulation topics.
New Delhi: A protracted conflict in the Middle East could push Bangladesh's inflation higher, widen the current‑account deficit, weaker exports, lower remittances and reduce fiscal space as energy subsidies rise, a new report has said. The latest Bangladesh Development Update projects growth to slow to 3.9 per cent in FY26, World Bank said. Bangladesh's economy also faces rising poverty, persistent inflation, stressed banking sector, weak revenue mobilization, and subdued private investment, c ...Read More >
The oil marketing companies (OMCs) on March 26 fixed rates for petroleum products that are at a discount of up to ₹60 per litre to their imported cost. In a first since fuel price deregulation, Indian state-run oil marketing companies will pay refineries a discounted price for petrol, diesel, aviation turbine fuel (ATF) and kerosene to limit mounting losses from a self-imposed freeze on retail fuel prices, sources said. The oil marketing companies (OMCs) on March 26 fixed rates for petroleum ...Read More >
The oil marketing companies (OMCs) on March 26 fixed rates for petroleum products that are at a discount of up to ₹60 per litre to their imported cost. In a first since fuel price deregulation, Indian state-run oil marketing companies will pay refineries a discounted price for petrol, diesel, aviation turbine fuel (ATF) and kerosene to limit mounting losses from a self-imposed freeze on retail fuel prices, sources said. The oil marketing companies (OMCs) on March 26 fixed rates for petroleum p ...Read More >
New Delhi: Torrent Gas has increased the price of compressed natural gas (CNG) by ₹2.50 per kg in Jaipur, according to reports, adding to the growing cost burden on consumers. The hike comes amid a broader upward revision in fuel prices, with commercial LPG cylinders and aviation turbine fuel (ATF) also witnessing increases from April 1. Alongside the CNG hike, oil marketing companies have raised the prices of commercial LPG cylinders across major cities. In Delhi, the price of a 19-kg commer ...Read More >
Mumbai: The Ministry of Civil Aviation (MoCA) suspended its recent directive that required domestic airlines to offer at least 60% of their aircraft seats without additional selection fees. The decision, issued on Thursday, puts the mandate in abeyance just 16 days after its initial announcement. The Indian Association of Tour Operators (IATO) welcomed the policy reversal and urged the government to offer seasonal subsidy foor passenger convenience. On Thursday, the ministry wrote to the Direct ...Read More >
NEW DELHI: The Civil Aviation Ministry has kept in abeyance its recent order mandating airlines to ensure that seat selection charges must not be levied on at least 60% of the seats on a flight. A communication in this connection was sent to the aviation regulator, the Directorate General of Civil Aviation (DGCA) on Thursday (April 2) night. The Ministry's previous order on free seat selection was issued on March 17 as part of passenger friendly moves announced by the Ministry. It now plans to ...Read More >
NEW DELHI: In a U-turn, the civil aviation ministry on Thursday put on hold its directive for airlines to offer at least 60% seats free of charge. Under intense cost-side pressure since the Iran war began, airlines had warned that this move to curb ancillary revenue would lead to additional fare hikes.The aviation ministry had on March 17 ordered the Directorate General of Civil Aviation (DGCA) to enact rules mandating the same. The regulator had then amended existing rules to implement at least ...Read More >
NEW DELHI: In a U-turn, the civil aviation ministry Thursday put on hold its directive for airlines to offer at least 60% seats free of charge. Under intense cost side pressure since the Iran war began, airlines had warned this move to curb ancillary revenue will lead to additional fare hikes.The aviation ministry had on March 17 ordered the Directorate General of Civil Aviation (DGCA) to enact rules mandating the same. Following that, the regulator had amended existing rules to implement at lea ...Read More >
Amid ongoing global energy supply disruptions, state-run oil marketing companies on Wednesday raised prices of commercial LPG and aviation turbine fuel (ATF), marking a significant increase across key fuel segments. The price of a 19kg commercial LPG cylinder was hiked by ₹195.5, taking the rate in Delhi from ₹1,883 on March 7 to ₹2,078.50 on Wednesday, a 10.4% increase. Commercial LPG is widely used by hotels, hostels and restaurants, and this is the second price hike in less than a month ...Read More >
Bengaluru: Private fuel retailers Nayara Energy and Shell have increased petrol and diesel prices across major Indian cities, including Bengaluru in Karnataka, triggering fresh concern among consumers already grappling with rising living costs. The hike comes at a time when global crude oil prices are surging due to escalating geopolitical tensions in West Asia, even as public sector oil companies, owned by the Karnataka government, continue to hold retail prices steady. In Bengaluru, petrol p ...Read More >
New Delhi: Aviation turbine fuel (ATF) prices for domestic airlines were raised by a calibrated 8.5 per cent on Wednesday, instead of more than doubling as warranted by a war-driven surge in global oil prices, even as rates for commercial LPG and premium petrol were also increased amid firm energy trends. ATF or jet fuel for domestic carriers was hiked by Rs 8,289.04 per kilolitre, or 8.56 per cent, to Rs 1,04,927.18 per kl from Rs 96,638.14 per kl last month, according to state-owned oil firms. ...Read More >
A 19-kg commercial LPG now costs Rs 2,078.50 in Delhi, according to state-owned oil companies. Prices of commercial LPG were hiked by Rs 195.50 on Wednesday, on back of surge in global oil prices linked to the widening West Asia conflict. A 19-kg commercial LPG now costs Rs 2,078.50 in Delhi, according to state-owned oil companies. Rates were last increased by Rs 114.5 per 19-kg cylinder on March 1. Domestic cooking gas LPG rates, which were last hiked by Rs 60 per 14.2-kg cylinder on March ...Read More >
New Delhi, Apr 1 (PTI) Aviation turbine fuel (ATF) prices for domestic airlines were raised by a calibrated 8.5 per cent on Wednesday, instead of more than doubling as warranted by a war-driven surge in global oil prices, even as rates for commercial LPG and premium petrol were also increased amid firm energy trends. ATF or jet fuel for domestic carriers was hiked by Rs 8,289.04 per kilolitre, or 8.56 per cent, to Rs 1,04,927.18 per kl from Rs 96,638.14 per kl last month, according to state-own ...Read More >
NEW DELHI: The impact of the West Asia war between Iran and Israel has started taking a toll in India, as the country has significantly increased the prices of commercial LPG cylinders, Aviation Turbine Fuel (ATF), and premium petrol and diesel on Wednesday. For the first time, Aviation Turbine Fuel (ATF), or jet fuel -- which constitutes 40% of the total operational expenditure of airlines -- was more than doubled, rising 115% to a record ₹2.07 lakh per kilolitre on Wednesday from March levels ...Read More >
New Delhi: The Ministry of Petroleum and Natural Gas clarified on Wednesday that only the price of commercial LPG have been increased in the country, while that of domestic LPG has been left unchanged to protect households from the sharp rise in the cost at which the cooking gas is being imported amid disruptions due to the Iran war. "Prices of commercial LPG cylinders, used by industries and hotels, are deregulated, market determined and revised normally on a monthly basis. Their consumption i ...Read More >
New Delhi, April 1: The Ministry of Petroleum and Natural Gas clarified on Wednesday that only the price of commercial LPG have been increased in the country, while that of domestic LPG has been left unchanged to protect households from the sharp rise in the cost at which the cooking gas is being imported amid disruptions due to the Iran war. "Prices of commercial LPG cylinders, used by industries and hotels, are deregulated, market determined and revised normally on a monthly basis. Their cons ...Read More >
New Delhi, Apr 1 (PTI) ATF or jet fuel prices more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, but state-owned oil companies passed on only a fraction of the increase to domestic airlines, adopting a calibrated approach to dealing with the war-linked surge in global oil prices. Aviation turbine fuel (ATF) price was increased by 8.5 per to Rs 104,927.18 per kl for domestic airlines, according to state-owned oil firms. ATF price for domestic airlines in Delhi was hiked by R ...Read More >
New Delhi [India], April 1 (ANI): Aviation companies have welcomed the government's decision to allow only a partial increase in Aviation Turbine Fuel (ATF) prices, saying the move will help maintain stability in airfares and provide relief to both airlines and passengers amid rising global uncertainties. In an official statement, IndiGo expressed gratitude to the government, stating, "We would like to thank the Hon'ble Prime Minister for such a significant step for all of us. We would also lik ...Read More >
New Delhi: Aviation turbine fuel commonly known as jet fuel has crossed the Rs 2 lakh per kilolitre mark in the country, in a first, following a sharp rise in crude oil prices triggered by geopolitical crisis in West Asia. According to industry data, ATF prices saw an unprecedented surge due to disruptions in global energy supply chains and rising benchmark crude prices. The spike is expected to significantly increase operational costs for airlines. The price rise comes amid volatility in glob ...Read More >
New Delhi [India], April 1 (ANI): Aviation companies have welcomed the government's decision to allow only a partial increase in Aviation Turbine Fuel (ATF) prices, saying the move will help maintain stability in airfares and provide relief to both airlines and passengers amid rising global uncertainties. In an official statement, IndiGo expressed gratitude to the government, stating, "We would like to thank the Hon'ble Prime Minister for such a significant step for all of us. We would also lik ...Read More >
New Delhi [India], April 1 (ANI): Amid global surge in crude and gas prices the government has revised prices of commercial LPG cylinders and premium petrol and diesel prices. Prices of Commercial LPG cylinders, used by industries and hotels, are deregulated, market determined and revised normally on a monthly basis, stated the Ministry of Petroleum & Natural Gas. "Prices of Commercial LPG cylinders, used by industries and hotels, are deregulated, market determined and revised normally on a mo ...Read More >
India today (1 April) increased the prices of commercial LPG and jet fuel on the back of a surge in global oil prices linked to the West Asia conflict. The price of a 19-kg commercial LPG cylinder has been hiked by Rs 195.50, and it now costs Rs 2,078.50 in Delhi, according to state-owned oil companies. This is the second time that rates of commercial LPG, which are used mostly by restaurants, roadside dhabas and small hotels, were hiked in a month. The last increase came on 1 March when it we ...Read More >
New Delhi (IANS): The government announced on Wednesday that domestic airfares should remain stable. Officials cushioned the impact of surging aviation turbine fuel (ATF) prices by allowing domestic airlines only a partial price increase. The Ministry of Petroleum and Natural Gas (MoPNG) noted that India has deregulated ATF prices since 2001, revising them monthly based on international benchmarks. Current geopolitical tensions threatened to drive domestic ATF prices up by more than 100 percent ...Read More >
Amid rising fuel prices due to the Middle East war, Civil Aviation Minister Ram Mohan Naidu has appealed to state governments to reduce the Value Added Tax (VAT) on Aviation Turbine Fuel (ATF). Sources told India Today that Naidu has reached out to state Chief Ministers, urging them to reduce the tax burden and provide relief to airlines as well as passengers. His outreach comes just before ATF prices will be revised on April 1, which will lead to a spike in airfares. "States such as Delhi hav ...Read More >
New Delhi, April 1 (SocialNews.XYZ) The government on Wednesday said that domestic airfares are unlikely to see a sharp rise as it has cushioned the impact of a steep surge in aviation turbine fuel (ATF) prices by allowing only a partial increase for domestic airlines. According to the Ministry of Petroleum and Natural Gas (MoPNG), ATF prices in India -- deregulated since 2001 -- are revised monthly based on international benchmarks. Given the current geopolitical situation, ATF prices for dome ...Read More >
New Delhi, Apr 1 (PTI) Civil Aviation Minister K Rammohan Naidu on Wednesday said public sector oil marketing companies' decision to implement a partial and staggered increase in jet fuel prices for domestic airlines will help in shielding passengers from sharp fare hikes. Aviation Turbine Fuel (ATF) accounts for around 40 per cent of an airline's operational costs. Naidu said that with ATF prices have been deregulated since 2001 and revised monthly based on international benchmarks. Facing e ...Read More >
New Delhi: In a move to shield domestic air travel from a sharp global fuel shock, the government has capped the increase in Aviation Turbine Fuel (ATF) prices for domestic airlines at 25%, despite international benchmarks संकेत a potential surge of over 100%. The Ministry of Petroleum and Natural Gas said the decision comes amid an "extraordinary situation in global energy markets," triggered by the closure of the Strait of Hormuz. To prevent a steep rise in airfares, public sector oil market ...Read More >
New Delhi [India], April 1 (ANI): Civil Aviation Minister Ram Mohan Naidu Kinjarapu on Wednesday welcomed the government's decision to allow only a partial increase in Aviation Turbine Fuel (ATF) prices for domestic airlines, describing it as a timely measure to ease pressure on passengers and the aviation sector. In a post on X, Kinjarapu wrote, "With ATF prices in India--deregulated since 2001 and revised monthly based on international benchmarks, facing extraordinary pressure due to global e ...Read More >
New Delhi, Apr 1 (PTI) Aviation stocks were in high demand in morning trade on Wednesday, with InterGlobe Aviation climbing over 9 per cent, despite jet fuel price hike. InterGlobe Aviation, the parent firm of IndiGo, after starting the trade on a positive note further jumped 9.41 per cent to Rs 4,315 on the BSE. The stock of SpiceJet surged 4.72 per cent to Rs 10.20. Price of Aviation Turbine Fuel (ATF), or jet fuel, was more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, ...Read More >
NEW DELHI: The central government issued clarification on jet fuel price hike as it capped the increase in aviation turbine fuel (ATF) prices for domestic airlines to 25% on Wednesday. Citing tensions in the Middle East and closure of the Strait of Hormuz triggered by US-Israeli strike on Iran, the Centre called it "only a partial and staggered increase"."ATF prices in India were deregulated in 2001 and are revised on monthly basis based on a formula of international benchmarks. Due to the closu ...Read More >
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